IS IT TRUE that if all goes according to plan tonight’s meeting of the Evansville City Council will be the night that the opportunity for Earthcare Energy LLC to cash in another $4.8 Million of taxpayer dollars will disappear forever?…that is because at our last contact tonight was selected as the night for the second and third readings and the vote to be done with this poorly thought out mistake?…of course Earthcare is still current on making the paltry $380 interest payments on the $200,000 in funds that Mayor Winnecke used a little known commission that administers federal money for economic development loans to sneak the money to Earthcare?…many people still want to know exactly who the locals behind this rotten deal were and what they expected to get for it?
IS IT TRUE tonight’s City Council meeting is also when the vote may be held to authorize borrowing $56 Million for the City of Evansville’s cost to do everything needed to put the IU Medical School in downtown Evansville?…the unanswered but puzzling question is why the resolution states that the interest rate can be as high as 7%?…when this was seen we had a bond broker check on what other cities municipal bonds were paying in interest and the answer came back that most financially healthy cities are able to float debt at 4.5% and that DETROIT’S DEBT IS TRADING AT JUST OVER 7% IN THE AFTERMARKET?…it is disturbing to see that Evansville is contemplating paying essentially the same interest rate of 7% that a bankrupt city under state control is paying?
IS IT TRUE the City County Observer calls on the Evansville City Council to delay the vote on this debt issue until after the 2012 City of Evansville Audits have been released?…to hold this vote knowing that the 2012 audit will be anything other than clean with reconciled accounts could about to withholding material information which is not treated lightly in securities trading?…of course if the City Council would authorize the release of all notes or recordings made at the exit interview RIGHT NOW, all material information would be on the table so an honest knowing vote could be cast by all?…withholding material information is exactly what Earthcare Energy LLC did to the City Council back in 2012 and now it seems like some of our Council members are doing the same thing to the ones who were not in the 2012 audit exit interview?…we wonder if the members of the City Council and the Office of the Mayor understand just how serious withholding material information is?
IT IS TRUE in an article printed in the July 22, 2010 Courier and Press written by Tom Langhorne, that newly elected GOP party Chairman Wayne Parke admitted that he voted for Hillary Clinton for President in the 2008 Democrat primary?…that that in the recent Republican primary, Mr. Parke accused County Commission candidate Bruce Ungethiem of not being a true Republican?…posted below are the remarks made by newly elected GOP Party Chairman Wayne Parke in a 2010 Courier and Press article and ask yourself do you think Mr. Parke is a true Republican?
REMARKS MADE IN A JULY 22, 2014 COURIER AND PRESS INTERVIEW
“Parke acknowledges voting for then-Sen. Hillary Rodham Clinton in the 2008 Indiana Democratic presidential primary. Under circumstances that can be complex, voting in a Democratic primary can make GOP officers and candidates in Indiana ineligible to carry the party’s banner.
Parke finds humor in his vote for Clinton, whom most Republicans consider an archenemy of the GOP.
“I was deeply concerned about Barack Obama,†he said. “I can remember as I asked for a Democrat ballot, I turned to my wife and said, ‘Did you hear that?’ And she says, ‘What?’ And I said, ‘Well, my dad just turned over in his grave.â€
Doesn’t sound like Mr. Parke is a Republican after all and more like a mole sent to sabotage.
“…the City County Observer calls on the Evansville City Council to delay the vote on this debt issue until after the 2012 City of Evansville Audits have been released?…”
+1 DAT!
So Parke cross-dressed into the democrat primary. He can easily pass as their mascot’s logo.
There is no difference between the red and blue teams in this burg.
IE: Happy small business week! That’s in the rest of the country though, seems the IiT and the big picture article here has some focus on you’re local machine politicos again, and smaller business in town.
Especially ole wayne and his suspected arm twisting manipulative behavior and exclusionary business advertising tactics.
Watch’em Enoch, you know how ole biblical Enoch got censored by the powers to be back in the early day. To bad back then when they wrote and recorded that book,they didn’t have the FTC, the FCC and the Constitution of the United States.
As far as, you’re burgs city council vote tonight that statement should take care of that.
BTW plenty of rain on the horizon as well as probably CSO events due the mandate, and yeah clearly check up on the “Audits and bonds before bondage”. 😉
https://plus.google.com/communities/109232418125793730353
http://www.logoschristian.org/revealed/
http://michaelruark.wordpress.com/2013/02/21/censorship-of-the-holy-scriptures-bible/
Which institution is handling the bonding for the downtown improvements that are estimated to include up to 7% in interest?
Is there any connect or ties with the bonding institution to local government officials or local businesses, such as banks?
Something smells fishy to me!
They bond council cannot be chosen yet because the bonds are not authorized. Expect the same cast of characters from Barnes and Thornberg and Faegre Baker Daniels to cash those $400 per hour checks. They routinely lavish the local machine politicians with $5,000 per fund raising cycle or more. B&T even gave old Marsha a $5,000 scoop of grease. If you really want to have your eyes open go back and add up what these firms have handed to Weinzapfel and Winnecke over the last 10 years. Then go see how much they have pocketed for their contributions. It is enough to make you want to vomit.
The bank is ONB and bond counsel is Barnes and Thornburg.
If there is a bank willing to do a loan there is no need for any bond counsel or bonds.
RULE G-5
a) No broker, dealer or municipal securities dealer shall effect any transaction in, or induce or attempt to induce the purchase or sale of, any municipal security in contravention of any effective restrictions imposed upon such broker, dealer or municipal securities dealer by the Commission pursuant to sections 15(b)(4) or (5) or 15B(c)(2) or (3) of the Act or by an appropriate regulatory agency pursuant to section 15B(c)(5) of the Act or by a registered securities association pursuant to rules adopted under section 15A(b)(7) of the Act, and no natural person shall be associated with a broker, dealer or municipal securities dealer in contravention of any effective restrictions imposed upon such person by the Commission pursuant to sections 15(b)(6) or 15B(c)(4) of the Act or by an appropriate regulatory agency pursuant to section 15B(c)(5) of the Act or by a registered securities association pursuant to rules adopted under section 15A(b)(7) of the Act.
(b) No broker, dealer or municipal securities dealer that is a member of a registered securities association shall effect any transaction in, or induce or attempt to induce the purchase or sale of, any municipal security, or otherwise act in contravention of or fail to act in accordance with rules adopted by the association, pertaining to remedial activities of members experiencing financial or operational difficulties, as if such rules were applicable to such broker, dealer or municipal securities dealer.
(c) No municipal advisor shall engage in municipal advisory activities in contravention of any effective restrictions imposed upon such municipal advisor by the Commission pursuant to section 15B(c)(2) or (3) of the Act, and no natural person shall be associated with a municipal advisor in contravention of any effective restrictions imposed upon such person by the Commission pursuant to section 15B(c)(4) of the Act.
Many of us crossed over in the 2012 primary to vote for Hillary as a last ditch effort to derail the Obama campaign. While he ran a little closer to the center, in researching his history and associations, it was abundantly clear what he had in mind for this country…actually he told us. He wanted to FUNDAMENTALLY change this country, which means deep and profound change. Well he’s changed things but in my view, not for the better. He has increased government-dependency while creating a hostile environment for businesses to grow and thrive. Oya vey. As much as I distrust Hillary, I would take her any day over who we have.
Wasn’t that 2008.
Correct – sorry
How about some examples, Ellen?
Bankrupt rate interest? Wow.
This is exactly why the Oklahoma City MAPS system is light years better than this garbage idea of going in debt on every project. OKC has already built nine projects, renovated several public schools, and is now in the process of building nine more schools. All of it approved by voters.
Since OKC uses Pay-As-You-Go financing, every single one of these projects is built debt free. In fact, while the money from the temp sales tax was sitting in the banks from the first MAPS it generated $52 million in interest. They basically got a canal and AAA ballpark for free.
The plan has paid off in huge dividends. When MAPS 3 is complete, the city will have invested $1 billion in Downtown OKC which has pulled in $5 billion in private investments.
Here, we have two projects built (both completely screwed up as well) and now we’re in debt all the way up to the Twin Bridges. It’s time for a new system and a new way of constructing capital improvement projects here. Evansville is WAAAYYYY behind and the only way to catch up in massive strides is for a MAPS like plan.
Perfectly said my friend!
The bonds will come in at under 4.5%. And because they will borrow all of the money at once, right away, the 7% in the actual bond ordinance is not relevant. Although it does beg the question as to why it can’t be changed to 4.5%.
The 7% is relevant as long as the City of Evansville is authorized to pay that much. Your idea of changing it to 4.5% is brilliant and we support it.
(Posted earlier this morning on another article)
Parke voted for Hillary in the 2008 Democratic presidential primary. Voting in a Democratic primary in Indiana can render Republican Party candidates and officers disentitled to head the party or run as a Republican (in a tortured set of circumstances that are malleable and will surely, one way or another, not apply to Wayne).
In 2009 he failed to get himself appointed by a Republican caucus to the City Council. They chose Dan McGinn instead. Wayne beat Holli Sullivan for the chairmanship in 2010. Did he vote in a Republican primary in the interim, between his 2008 vote for Clinton and his 2010 caucus win, absolving him of his primary sin of voting for the Hildebeast? Is he even eligible to be party chariman right now? Somehow I’d bet he is.
Seems Parke has had some trouble with Nick Hermann before. In 2010 Hermann fired him from his treasurer spot in the local Republican Party. He is resilient and has exacted his revenge. I’m sure all is well between those two now.
The rules governing removal of a county chariman weren’t written by the rank and file. They were written to add a veneer of fairness but were not designed to be implemented.
Just wait him out. He’s an old coal executive (Peabody & Black Beauty). If we wait long enough and the pressure increases appropriately, he could turn into a diamond and offer his services to Jared.
It appears to me that the whole intra-party politics sideshow, in both parties, is serving as a distraction from the real issues that should be focused on. It makes no difference which puppet is County Chair in either party. A skunk by any name will stink as much.
Finances, finances, and finances are the issue we need to focus on. I think the idea presented here that the City Council should release the information they now have concerning the audit is EXCELLENT. The people elected them to look out for our interests, and not one penny in expenditures should be approved until we know where we stand. Good thinking, CCO!
Who would gain the Presidency that year was almost a given, considering the Bush years, and the weaknesses of the McCain Candidacy? –It was going to be decided in the Democratic Primaries. In reality it was a two horse race for the job between Hillary, and Obama. Contemplating Mr Parke’s possible motives, to crossover? He did the right thing obviously,–he voted for the most qualified of the two.
P.S. Just a side note from this Conservative, that was the choice in 2008, this is 2014, I’m picking Rand Paul to retire her to political history in 2016
Very well said Crash.
McRobbie’s very complimentary visit to Evansville the other day, squired around by Hizz’, seemed designed to assure that the secretive city council stamps the suthorization to borrow 50+ million (likely at a high interest rate) with their suspect and easily obtained imprimatur?
First things first. First is assuring the Haney Mob can’t get its mitts on the 4.8 million. Second is waiting to see what the SBOA audits have to say about the state of Evansville’s finances. Third should be an apology to the citizens for letting that $200,000 go to Haney’s outfit. That is an apology that will not be forthcoming. I can understand that some who are complicit in that ‘loan’ hoping the truth surrounding it never sees the light of day.
You cannot believe anything any local politician has to say about anything right now. They have, as a group, lost all credibility. Our current city administration is something of a joke. But, as is usual when folks like these get the ability to borrow large sums, the joke is on us. Regardless of their well-crafted statements to the contrary, we get to pay.
It will not be a high interest rate. The bonds will come in at about 4.2%. Why would City Council apologize for the $200k loan given out by a loan committee associated with the Evansville Bond Bank? City Council was not even aware of the loan at the time it was made. When the $5 million dollar loan that the Bond Bank approved showed up at City Council at $4.8 million, City Council became aware that a committee had advanced Earthcare Energy $200k of the money. As to secretive, I don’t think that the councilmembers present at the exit conference are allowed to speak by statute until the report comes out.
If the ordinance would have been written to have a maximum rate of even 4.5% then we would not have addressed the issue of interest rates at all in IS IT TRUE. It is a ceiling set at the rates that Detroit is paying that caught our eye. Perhaps we should have called for an amendment to the ordinance that would make the rate maximize at 4.5%. That would serve to force a good rating.
1) Ok, good. Since you know the rate will be 4.2% that’s much better. I’m not so sure it won’t be higher, but I’ll take your word for it since you know.
2) I didn’t say the City Council should apologize for the $200,000. Maybe the ‘loan committee (who’s on that?) associated with (huh?) the Evansville Bond Bank’ should have something to say. I don’t hear them, I’ve never heard from them. If you say you know that no one on the City Council was aware of the ‘loan’ I’ll take your word for that too.
3) When the 5 million Bond Bank approved loan ‘showed up at City Council’ as 4.8 million, that’s the first anyone on the City Council knew of it? Sounds like the Haney loan was not only freestanding but freewalking and possibly freebasing. No telling where it might ‘show up’ next.
4) Whether or not the council members present at the exit conference are legally bound to secrecy I’d think they should keep quiet about what they know until the SBOA report surfaces. However, as others have pointed out, voting to borrow 50+ million if they have information indicating a higher rate will likely obtain once the SBOA report is published is doing the bidding of politicians and not the citizens who will end up paying for it.
No more borrowing until the dust settles.
SBR admittedly voted for Bruce Ungethiem. That doesn’t make her a Republican, or does it?
She’d be better off as a Republican given how the Democrats have treated her.
Just The Facts….How have the Democrats mistreated SBR?
Just a DINO.
I don’t trust anybody who claims to be on one team – and in Brinkerhoff Riley’s case cashes a CHECK from taxpayer dollars simply for being on that team – and votes for someone on the other team in a primary. This is disgraceful. It needs to STOP. Or the election laws need to change.
Party loyalty is for idiots and tools.
100% Agree.
It also shows poor judgement just to throw away all the hard work you’ve done for the Dem party on a County Commissioners race that was decided by 600+ votes/10pts. Now, NEITHER side will trust her. When you straddle the fence you only get splinters.
I thought she was Mayor material, but I guess I will have to change that opinion.
Sad.
I find SBR’s honesty to be admirable. I would NEVER trust any candidate that the local power-brokers trust. That would indicate she was “buyable”, and I don’t believe she is. If Evansville doesn’t get her or someone like her in the Mayor’s office soon, the whole town will be in the sewer.
I’m with you LKB. In addition I have no patience with the idiocy of political parties and pretty much announce that at the voting table when registering to vote in the primary of my choice, depending on how I want to make a statement in the current state of affairs. No one pays any attention to me, but it makes me feel honest and above board.
I really believe that the way primaries are being done in CA might be a better way to go. There is one ballot, with all of the candidates listed. The top two vote-getters then go on to the general election. In many cases, the general election pits two members of the same party against eachother, but they are the two candidates that the voters chose as the best.
I can’t disagree more with your comment about SBR “cashing a check simply for being on that team.”
She was elected to represent the best interests of the PUBLIC, not the Democratic Party. She takes that duty much more seriously than most, if not all of, the rest of the City Council. The fact that she stepped up and did her duty as a citizen by voting for the best person in this primary is a good thing. The truth is that voting in the Democratic primary was pointless for most of us, as there were only about a half-dozen precincts that even had contests for committee persons.
She saw someone she believes will work for good public policy, and she voted for him. In other words, she did her duty as a private citizen, and I respect her for it. I really don’t see that it is any of the public’s business which party’s primary she or anyone else voted in.
I find it troubling that you seem to think that the pay she receives for serving the community as well as she does should obligate her to a political party. She is obligated to good governance, first and foremost. Do you think that anyone who votes in lock-step with one party is acting in anyone’s best interest? I don’t.
I shouldn’t have agreed to the part about her being on the payroll obligated her to vote D.
Nevertheless she is a Ward leader and CC person for goodness sake.
I just don’t trust Ungenthiem, he’s a Tpartier and I fear that means trouble someday. I voted for Marsha over the basketball player in 2010 because she said wanted to stop the spending and opposed the softball fields at Roberts, the ONE R I voted for.
So what does she do? She supports spending 10-20 times what the ballfields were and I don’t see the ROI on our money.
I fear Mr. U will pull the same thing(s)
IMO, SBR is a riddle I can’t solve. Yes she has stood up to the machine in regards to the Earth care and the Hotel and has shown more independence by far than many of the others and the other hand… well I’d rather not dig up old D wounds
Someday you and I and Martha will have to do lunch at Panera or some such place and discuss poltics.
I know I wouldn’t have voted in the R primary if there had been anything to vote on in ours, and I expect that is true of SBR and a lot of the Ds who switched over. I voted for Bruce because I think his heart is in the right place, and we need that on the local level. I hope the TP leanings will remain under control in the case of BU, but I don’t know how much trouble he could cause on the County Commission if he goes TP on us. At least I don’t see him just doing as he’s told by the money interests, so he’s worth the gamble to me.
The lunch idea sounds great to me, too.
Bandana;EKB; We’ve again agreed with the assessments you’ve posted up this morning. As far a the city council and the political drivers ,well the first thing comes to mind is an really BAD OLD JOKE, its on the web, if one can stand the racist baiting in the old statement.
Who called those people elected leadership?
Your whole community suffers form poor planning going back to the early 1960s with no honest attempt to fix that is taking place or has ever been attempted.
The infrastructure across the town is deplorable and archaic, if its even usable anymore.
Who called that city infrastructure ,or stretched that to calling it Metro?
The health and well being of you’re sewers an water infrastructure is so bad the Federal Government has mandated that to be fixed who called that building for climate change? Aye?
Business commerce throughput another joke, your main east west throughput had an accident on it this morning so that was a shot in the foot cause, as well.
What we’ve seen is Audits& Bonds cleared for visuals before bondage…Audits all of them, due, and bonds with interest added ,before further Bondage of the citizens.
The bad joke of reference is the Preacher and the Piccolo player.
Really Bad joke, however its “affect” would be relative to you’re problems with leadership and your areas recovery from the citizens needs lacking of it resides in.
One of the suspected Piccolo players is on tape playing a kazzo?
http://www.tristatehomepage.com/story/d/story/iu-president-mayor-tour-site-of-medical-school-pro/28037/S15i0NStA0WwKW2EL6Yc8g
http://www.musiciansfriend.com/kazoos?source=3WWRWXGG&kwid=1bd27402fbf04251aebb296a2cc5c752
Climate Change action Band “forward as one”
https://www.youtube.com/watch?v=iBOJG_nPXg8
Drum’um
https://www.youtube.com/watch?v=YJVdnMAGIt8
A “kazzo” McRobbie?…..blast!
Ah yes, a classic joke. “I ain’t da man who called your piccolo player a m-f-er, I ain’t sittin next to da man that done called your piccolo player a m-f-er, but reverend I gotta ask, what makes you think that m-f-er can play da piccolo”
‘What we’ve seen is Audits & Bonds cleared for visuals before bondage…’
Nicely put.
Meah, Maybe if you ever get another $186,500-200,000 bucks of Federal tax money you can “get it off the books” by just shredding it and using it to soak up the CSO around town before it gets to the Ohio drainage basin and that rising ocean.
Advice to the council you shouldn’t talk outside in the hallways pre public council meetings.
The little short attorney of the Mayors who leans on the podium and spouts the preprogrammed excuses might overhear you? We did.
Wasn’t there, however got all that. without the coverage supplied,as well. 😉
The school concept looked good as you’re Mayor could present it, he seemed kind of nervous though.
I know the price for the properties is out of line for what your getting with its present Zombie Utilities Infrastructure, however, that should be fixed forward at an “increased” cost also.
I personally like the Doctors appraisal and agree with it, too bad your paying for a bad bailout location, that could have been done better, and we do disagree on the conceptual source of the ideation. You see our data analytics shows it goes back further by a few years,and, that fella he mentioned didn’t voice it publically first.
The “VFW Veterans” complained about the flooding and water problem in they’re rejection of the apartment dwellings rezoning planned ,I would just tell the Council don’t think storm water control alone. What’s going to happen while that water is in those streets they referred too when 60 plus new residents start flushing the crapper at the same time. Not really a “suit” to wear to the next Council meeting now is it. Gees Mr.Friend this is already “interesting” we don’t think you have to wait.
Suits, and suites dang what a place
http://www.thefreedictionary.com/suite
Guess which one this might be….tonight?
http://thenutsnet.com/wp-content/uploads/2013/07/squirrel-nuts-pictures.jpg
http://realestate.msn.com/panoramic-penthouse-views-from-around-the-globe
http://www.nbcnews.com/science/environment/west-antarctic-ice-sheets-collapse-triggers-sea-level-warning-n103221
(Tic…tock..tic..tock..tic..tock)
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